lyon financial vs hfs financial

With your handy web widget from HFS Financial, youll be the one-stop shop for your customers. I ended up. I called Lyon Financial today, the lady I spoke to said that they shop your credit score with 6-8 companies to get you the best loan option out there. Soft credit inquiries should be used instead of hard credit inquiries by lenders. You are using an out of date browser. Capital One 5 years . Well definitely recommend them to our friends and will do business with them in the future! Unlike most home improvement loans, you the consumer get all the money funded directly to you, upfront. Contact: Larry Collins 1-800-254-9560 Ext 3 or Apply At: Program is offered to consumers with excellent credit. Highly recommend! They are constantly sending updates along the way so we know the status of the loan and having our customers fully funded before the project begins makes the process much smoother. Our automated updates and contractor support representatives keep you informed when a customer applies, and well also let you know if theyre approved or denied. Most credit cards only offer zero-interest periods for the first 12 to 21 months. I highly reccomend HFS Financial! The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. We look at overall credit health, including your debt-to-income (DTI) ratio. All information is subject to change without notice. If youve got excellent credit and would qualify for a low-interest personal loan (unsecured loan), that might be the better option. All customers have to do is make their payments as scheduled and enjoy their new home improvement. The pool companies typically arent offering the loan to you themselves, but theyve partnered with a lender or network of lenders to provide you with financing options. Our mission is also to help contractors get paid easier, reach more customers by offering financing, and build their businesses. Personal loans ranging in size from $20,000 to $25,000 are available from a number of lenders. 2023 Trustpilot, Inc. All rights reserved. Then they can pay you directly with no delay. Those with a good credit score and little or no money are ideal candidates for quick start loans. Outstanding customer service and even better terms for our customers, My experience with HFS has been amazing! That makes the APR on their fixed rate of 6.75% about a point higher. Advertising a personal loan reported to credit report and no liens against the property. This is very helpful and I will reach out to the few places recommended by everyone. Thats right no stage funding. Subject to change. Train your sales team to talk to every client about financing and to direct them to the HFS Check My Rate tool, where they can get an estimate of their loan payment in real time. *Available on approved credit, not all will qualify. Its time to eliminate the risk of holding the bag! BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Pool construction typically costs anywhere from $17,971 to $46,481 with the average cost being around $32,059, according to HomeAdvisor. Couldn't have been easier. All loan programs found at www.hfsfinancial.net have no fees or penalties for prepayment. To answer the question about which credit bureau does Lyon Financial use? #Available on approved credit, not all will qualify. Once they enter their preliminary information, one of our amazing customer care team members will be in contact with them quickly to let them know their loan options for their project. Heres How to Cope With Financial Stress. $75,000 maximum loan amount Gone are the days of bank approvals and outrageous credit card interest rates. The loan options are based on your income and creditworthiness. Lets us help you with your dream of pool ownership. All information is subject to change without notice. If you have great credit you can get 6.5% interest on 50K for 10-15 Years and that drops to 6.25% if you do automatic payments. Lyon Financial and Lightstream are both companies that offer private student loans. Your APR may differ based on loan purpose, amount, term and your credit profile. APR, terms, and loan amounts may differ based on loan purpose and credit profile. Every day, over 90,000 businesses use Birdeye to get more reviews and manage all customer feedback. Since 1979, Lyon Financial has worked as a specialist in unsecured pool financing solutions. Lyon Financial is not responsible or liable for any products, services, information or other materials displayed, purchased, or obtained as a result of or in connection with this web site, including, without limitation, any agent referrals, loan recommendations, application, approval, pre-qualification, load or interest rate analysis. Customers can get the money for their project quickly and pay their bills directly allowing them to enjoy their new home improvement project as fast as you can complete it. I also used hfs financial which brokered the deal to a credit union for a fee of 1500.00 if I remember correctly. Many customers opt to wait before taking the plunge. BBB Business Profiles may not be reproduced for sales or promotional purposes. Thanks, HFS!, HFS has provided loans for customers in a prompt timely manner for us. Use their 60 second loan application to kick off the loan process. Funding Your Around The World Travel Experience. As a matter of policy, BBB does not endorse any product, service or business. You may be able to use a competitors lower offer to get a lender to reduce their offer even further. Look no further than HFS, their team is simply the best!, We love sending our clients to HFS. Personal loan terms generally range from about two to 12 years though some pool loans can have terms up to 20 years or more. These loans have a shorter term but can be repaid very quickly. Personal Home Improvement Loans. HFS Financial knows things, Accessory Dwelling Units (ADUs) are add-on living areas like a garage apartment or a tiny home for the backyard. Subject to credit approval. This downloaded widget can then be used on your website; however, you need to connect it with your personal HFS account first. HFS Financial offers low fixed rates and flexible payment options with terms up to 20 years. Lyon Financial is a credit bureau that uses a variety of financial data to help businesses make informed decisions about lending money. Lyon Financial Google Reviews are very positive. HFS's platform loans are . Thanks again., We have been working with HFS Financial for a few years now with our clients. Texas Blue Lake Pools works with HFS Financial and Lyon Financial to offer you pool financing options to finance your backyard dream. Your approval is good for 119 days, during which time the pool must be completed. Customers have several advantages when it comes to home improvement financing, including fast funding, flexible payments, and the ability to make changes or additions during their project without worrying about bank approval. Low-Fixed Rates Each pulls their own credit report on the customer, resulting in many unnecessary hits. The swimming pool youve always envisioned can be yours once you complete this pre-application. I will definitely be using them for any future projects and will be referring them to friends. I highly recommend HFS to anyone looking for a pool or home improvement loan. Ive personally worked with dozens of different lenders, Ari has hands down been the best to work with!, We absolutely love partnering with HFS. Cant believe how fast was to get approved and the loan amount is already on our bank account in less that 2 weeks since the day we applied. The infamous small print where all the scary stuff tends to be hidden; thats not how we roll. Youll close more (and sometimes larger) sales, see contracts signed faster, increase your cash flow, and grow your bottom line. Thank you so much for the kind words and for taking the time to leave a review for us. We hope you enjoy your backyard paradise because we want to give you the opportunity to earn a living. 15 Year Term Very understandable and easy, seamless application process. Conditions and limitations apply. He was a great communicator & the loan process was super smooth. APR, terms, and loan amounts may differ based on loan purpose and credit profile. Lyon Financial APR (interest rates) As low as 2.99% Maximum loan amount $200,000 Loan terms Up to 25 years HFS Financial Best for Large Pool Loans 4 out of 5 Overall Key Features Provides loans up to $500,000 Most loans are funded within 48 hours No prepayment penalties Get Details Re-imagine your backyard with a dreamy swimming pool loan. All information is subject to change without notice. Lyon Financial. Quick to respond to my clients, personalized and hassle free service. You can direct interested customers right to the HFS Financial widget on your website to start their financing inquiry. Your text should explain that by clicking the HFS button, customers can quickly and easily access financing for all their home improvement projects. In just 60 seconds, they can start the process of finding out how much they qualify for. Thats lightning fast compared to traditional bank loans. We are your one-stop-shop for any kind of home improvement loan: swimming pools, metal roofs, hardwood flooring, kitchen and bath remodels, basement finishing, outdoor kitchens, and more. Not sure how much you need? 4.99% APR for a 15-Year Swimming Pool Loan*, Available on approved credit, 850 FICO required, Unsecured Loan We handle all of the heavy lifting, so you dont have to worry about any part of financing for your customers beyond chatting about how they can fund their project. Explore The Best Of Both Worlds A 25-Mile Journey To Stockbridge Michigan. We hold a steadfast position to never allow a customers credit to take more hits than it should. Conditions and limitations apply. Customers who get frustrated with other lending processes are often customers who throw in the towel on the project. But just how do you go about doing that? The APR listed is for a signature loan between $50,000 and $200,000 with a term of 360 months, for applicants with excellent and substantial credit (including but not limited to a minimum credit score of 800 and a debt-to-income ratio/DTI of 50% or less). When you send your customers to HFS Financial for financing, you can be sure theyre in safe hands. Our aversion to this approach is just one of the things we do to act in the consumers best interest. Thats where our excellent customer service begins. Whether you send them a link or walk them through the process in your own office, they will quickly see just how convenient and hassle-free contractor financing can be. FICO score of 850 required for 4.99% APR. So we run our credit check first and work to pair you with the best lender for your situation. If you want to get a pool loan, who should you get it for? Their well-earned reputation is hard to deny! If you choose this financing option, be sure that youll be able to pay off the balance in a relatively short period of time. Because of their high interest rates, credit cards are usually not recommended as options for financing a new swimming pool. By using this data, businesses can make more informed decisions . Our lenders can choose from any of the three Big Three reporting bureaus: Experian, Equifax, and TransUnion, but they must take into account TransUnions expertise. Hi,If you have funded a loan through HFS please know that all loan terms are always fully disclosed prior to approval and funding. We have served over 100,000 customers since 2004 and are trusted by over 25,000 contractors to help their clients with their financing needs. You may be able to get a pool loan through the financial institution where you already have existing accounts, or you might choose to get financed from an online lender or financing consultant company that deals exclusively with pool loans and home improvement loans. So, what are the benefits of offering financing to each and every customer? For one, Lyon Financial offers a wider range of loan products than HFS Financial. Some affiliates of Lyon Financial may offer a rate discount via AutoPay. When it comes to high-dollar home improvements, new pools, or even simple renovations, its important to remove barriers that cause your customers to back off on pursuing the project of their dreams. *In Canada, trademark(s) of the International Association of Better Business Bureaus, used under License. Dear Penny: Am I Nuts to Take Out a Mortgage on the Home I Just Paid Off. An inquiry you submit to Lyon Financial is for the purpose of obtaining additional information regarding a potential loan provided by a third-party lender under terms & conditions arranged directly between you and such lender, and conditioned upon the completion of all credit documentation. Get estimates from multiple pool companies so you have a better idea of what options exist. Adam walked us through the process, was extremely responsive and made everything relatively painless for us. Companies can ask for reviews via automatic invitations. If you dont talk to your customers about financing, the process of getting funded and signing a contract is more difficult and takes more time. Theres almost no limit to what customers can finance through contractor financing for their residence. HFS has thousands of 5 Star Customer and Contractor Reviews. We use cookies to optimize our website and our service. Couldnt recommend the two of them any more! Rates start at 6.49%. HFS is incredibly efficient and effective at helping our clients get the money they need to bring their pool dreams to life. I called Lyon Financial today, the lady I spoke to said that they shop your credit score with 6-8 companies to get you the best loan option out there. Loans for non-pool/standalone home improvement projects may incur different rates and terms based on loan purpose. The approval and funding process is quick and simple, so theyll have the funds to get started on their project quickly. Advertisement. What credit bureau does Lyon Financial use? Yeah, thats within our budget., When your sales team takes advantage of the HFS Check My Rate tool, theyll find easy opportunities to offer upsells to your clients. Ideally, youll want to have a credit score of 700 or higher to get the best interest rates for pool financing. They are very fast to process new applications and respond promptly to all questions and emails. After many years of assisting homeowners obtain home improvement financing, the team at HFS Financial is your perfect home improvement financing partner. We have recently found it in small print in the paperwork. If your credit score is less than 600 or you do not yet have a credit history, you can still hold out hope. Labeled Verified, theyre about genuine experiences.Learn more about other kinds of reviews. We team up with contractors, home improvement experts, pool builders, home renovators, remodeling contractors, and more. Absolutely not! Here are just a few things you can expect. Adam Sidle and Jonathan Kahl were amazing to work with. Such an easy process!!! BBB Business Profiles generally cover a three-year reporting period. Not all will qualify. Do I need equity, money down, or a home appraisal? When a company has such a focused vision, it is easy to cut through the clutter to get the job done. A minimum credit score of, No restrictions on what funds can be used for to complete the consumers backyard experience (above-ground, in-ground, repairs, refurbishments, pool equipment, outdoor kitchens, patio furniture, irrigation, landscaping, etc. I dont remember the loan type but I know we did not have any closing costs. NO STAGE FUNDING You can get loans from $1,000 to over $200,000 to fund simple above-ground pools or elaborate in-ground pool projects. Personal loan financing through HFS Financial is not like a secured loan through a bank. By giving customers the flexibility to pay for their home improvement projects over time, you open up a world of grand opportunity. After working with contractors for so long, we know what a game-changer that is. If you think youre outgrowing your current home or are looking to downsize wait until youre ready to move and then look for a new home with an existing pool. One of the benefits of personal loans is that you dont have to offer up any collateral. Most people who have used this company report satisfaction with the process and the loan itself. If the client has said they would like to keep their monthly loan payments under a certain amount, and the Check My Rate tool estimates their payment is under that, thats the perfect chance for your salesperson to say, Looks like you can afford to add that kitchen island (marble counter, oak flooring, built-in spa, pool houseyou name the upgrade!) Your APR and monthly payment may differ based on loan purpose, amount, term, and your credit profile. Advertised terms are subject to change without notice. It means barbecues and graduation parties. Our simple and easy-to-use Check My Rate quickly allows them to get an idea about what their terms will be and estimate their payment. Here are a few of the top questions your clients may raise. Adam Sidle and the whole team were friendly and informative thru the entire process. Thanks guys! ", Thanks to you and the HFS team for your quick turnaround in letting us and our future clients know if they qualify. Many of our dealers are now successfully promoting this program to their customers to help grow their business. Financing Your Pool. If you have great credit you can get 6.5% interest on 50K for 10-15 Years and that drops to 6.25% if you do automatic payments. With direct-to-consumer financing through HFS, customers have complete control of their money. I will recommend HFS Financial and Adam and Jamie team anytime. Loans up to $500,000 Anything that you are not familiar with would be challenging and would look complicated, but Adam Sidle and Krystie McMahon extended all the help and provided all the information I needed to know which helped a lot in making my application for the loan a breeze and easy. Signed contract with Lyon financial in 12/2019 unbeknownst to us or never explained that ********** would own the loan. The information you provide for your swimming pool loan will enable HFS to determine the different loan options available to you. The company is a member of the Better Business Bureau and has an A+ rating with the organization. It can be difficult to get approved by Lyon Financial due to the companys strict standards. LIghtstream was EASY. The final step to get your pool project financed is to complete any additional paperwork and sign off on the dotted line. I also enjoy how responsive your company is with me as well., "HFS Financial has been awesome. HFS Financial is located in Reisterstown, Maryland. An inquiry is not an application. Reinvent your bathroom, garage, or outdoor living areas with a fast funding home improvement loan. I've found that their rates are as good as anything on the market and they have a sense of urgency when responding to their clients. Lyon Financial is pleased to offer a wide range of financing options to applicants with a credit score of at least 620. Credit scores must be at least 620 in order to apply; however, there is no credit score requirement. By using the HFS Financial widget on your website, its easier than ever for customers to access financing for their home improvement projects. Since most homeowners rely on financing to complete their home improvement project, simply talking to them about the overall price isnt enough. If You Have More Than $1,000 in Your Checking Account, Make These 9 Moves, This 10-Day Savings Challenge Is Going Viral By Making People Richer, The 9 Biggest Money Secrets Most Rich People Wont Tell You. You will get much more visibility by. Follow-up was direct and complete. What types of home improvement projects can I finance? This was last July. This includes loans for people with bad credit and loans for people who are self-employed. Give us a call or visit us to get started today. Our team of experts will work with you to help ensure that your experience with us . How many years can you refinance a pool for? And when they talk about how amazing the process was to work with you, those word-of-mouth recommendations and online reviews can boost your business in major ways. The technical storage or access that is used exclusively for statistical purposes. How Do I Talk to My Clients About Home Improvement Financing? 6.99% (good credit) and 4% lender processing cost rolled into loan. HFS was super response to our initial request. Adam sidle and Jamie Cole were beyond amazing. HFS Financial Home Improvement Lending Made Simple, offering 100% No Monday Down Financing from $10,000-$100,000, equity not required. Hello , This is an inactive thread. Oh, that would be about $350/month? I couldnt have done it any better. You wont be required to submit a credit check because these loans are pre-approved and have a lower interest rate. HFS Financial is a financing company that partners with third-party lenders to provide homeowners with the money to construct pools on their property. They also have a great rate on home improvement loans which this will fall under. However, just like with a home equity loan or HELOC, your home is being used as collateral, and youll face additional fees involved in the refinancing process. Whatever your home improvement project is, inside or out, HFS Financial offers consumers access to the best personal loan options available based on our suite of custom-developed loan programs, with industry-leading loan terms and low fixed rates. Subject to change. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. For one, Lyon Financial offers a wider range of loan products than HFS Financial. They can apply for a loan for up to 120% of their full home improvement vision and pay for it over time with convenient options. If youre able to open a zero-interest credit card and pay the balance back before the zero-interest period expires, paying with a credit card can be a great option especially if its a rewards card thatll give you points, airline miles or cash-back for spending or a bonus just for opening the account. Adam and Jonathan were easy to work with, professional, and courteous. Plus, they will enjoy competitive interest rates and fixed payments that fit within their budget. With affordable payment plans and fast approvals, HFS Financial makes it easy to begin your dream home remodeling project today. Nicole Dow is a senior writer at The Penny Hoarder. This is another area where the focus on customer service makes all the difference at Lyon Financial. Subject to change. Tired of the approval process and waiting on the bank to release a trickle of funds while you front all of the money for your customers projects? We have heard nothing but great things from our clients in terms of ease of use, the process is simple, and the funds being made very quickly are all things that they love. That lender in turn runs their own check. An inquiry you submit to Lyon Financial is for the purpose of obtaining additional information regarding a potential loan provided by a third-party lender under terms & conditions arranged directly between you and such lender, and conditioned upon the completion of all credit documentation. HFS Financial specialize in helping homeowners with loans to finance a new swimming pool, outdoor kitchen . It is a type of loan that is approved for people who are ready to buy a home and have a good credit score. Its estimated that about 75% of customers need a loan to achieve their home improvement dreams. Auto Pool Cover--looking for opinions/options, With over 300,000 members, TFP is the largest and most influential pool & spa website on the Internet. 2023 The Penny Hoarder. National Contractor Success Manager at HFS Financial Dallas-Fort Worth Metroplex. You might also consider using a credit card as your method of financing. However, if you have good credit and meet all of the requirements, you should have no problem getting approved. Adam Sidle and Krystie McMahon were an awesome team and great from start to finish. They have been courteous, knowledgeable and thorough. The individuals exact interest rate is determined by their credit profile and the loan purpose, amount, and term. Who doesnt love a relaxing dip in the swimming pool on a sweltering, hot day? Plus, they will have the industry-leading customer support team from HFS Financial on their side whenever they need us. Call us at 877-754-5966 for all the information you want. Were here to help you grow your business and build relationships that last. If you want to add a pool to your property, but dont have the cash upfront, you have several options. BBB is here to help. Available on approved credit, not all will qualify. There are several ways to go about getting a loan for a pool. HFS Financial: Apply Here. Funds are typically dispersed within 48 hours. HFS Financial is not a lender. Adam Sidle was very nice and answered every question fast.

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